Market Analysis – USDCHF Is Set-up for Bulls to Retain Power USDCHF bulls retain the upper hand in the scuffle for control of the market. The 0.91300 key level has been working to promote the activities of the bulls. With every passing day, the market has been steadily making lower highs while they …
Money management
GBPJPY Is Rising Again After Falling to Support at 149.640
Market Analysis – The 149.640 Support Sets GBPJPY Rising Again GBPJPY is rising again after another successful redirection of the market at 149.640. Bears and bulls have been locked in a tussle for dominance of the market since the beginning of March this year. Price entered the month of March on a …
NZDUSD Bulls Drive the Market Back Into Consolidation
NZDUSD Analysis – Bulls Cancel Out the Bearish Drive of the Market NZDUSD bulls drive the price back into consolidation as the market experiences a false breakout. NZDUSD began ranging after price dropped off the 0.71300 key level. It was a strong bearish drive that bypassed 0.70550 to get 0.69150. …